The law requires you to transfer your car’s registration to a new owner, whether you’re moving inside the same state or across state lines.
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When you sell your car, you are giving the buyer ownership of it. You must transfer the car’s registration to the new buyer in order to prove the same.
There are a few situations where this transfer of vehicle registration may be necessary. These include
- Transfer of registration in the event that another party buys the car.
- Transfer in the event that the prior owner passes away.
- Transfer of ownership of a car during an auction.
Additionally, this ownership transfer may take place intrastate or interstate.
Transfer RC Car identical state
No of the circumstances surrounding the change in car ownership, a number of documents are necessary to complete the transfer of registration. You must take careful note of the following instructions for transferring the RC for the car, as well as the required documentation list, especially because there are different documentation requirements for each step of this transfer.
Documents Needed to Transfer a Car’s RC Within the Same State
For the Sale Agreement from a Notary
Typically, two forms are needed when selling a vehicle. Form 29 and Form 30 are these. One copy of Form 30 and two copies of Form 29 must be submitted to your neighborhood RTO (Regional Transport Office).
You must also produce Form 35 and a No Objection Certificate from any lending institution if there has been foreign financing. In addition, Form 32 will be required in the event that the car RC is transferred by auction.
A transfer of RC for a vehicle must also include the paperwork that are stated below.
First RC. Insurance policy (you should check the validity of the policy).
- Certificate of Clearance Request Letter.
- Original PUC (Pollution under Control Certificate).
- Documentation from the relevant RTO pertaining to road taxes.
- A copy of the vehicle’s pertinent delivery note.
- Owner’s manual of the car which is being sold.
- All papers pertaining to the guarantee.
- Service background.
- A copy of the relevant vehicle’s original invoice.
Documents that a seller must keep:
- Signed the sales contract.
- Your KYC records and address verification.
- Demand a check or a draught copy.
The following papers should be kept on hand if you are selling a car, at least until the title has been completely transferred to the buyer. Even after that, it is advised to keep a folder for each of the aforementioned documents.
- Insurance policy copy and original RC paperwork.
- Duplicates of Forms 29 and 30. A copy of Form 28 is to be retained as well in the event that there was a No Objection Certificate.
- Paperwork from the relevant RTO for the vehicle’s taxes.
A new buyer must submit the following paperwork to the RTO where their car was first registered in order to apply for a clearance certificate (CC) for a newly acquired vehicle.
- Letter of request for CC.
- Initial RC
- A duplicate of the original insurance paperwork. Buyers should confirm their validity before purchasing.
- A PUC copy
- A self-addressed envelope with stamps on it totaling Rs. 30. The RTO uses this to send the CC
To minimize future issues and complexities with vehicle registration, insurance policies, etc., a transfer of ownership is a necessity. A clear Registration Certificate book with no controversies is beneficial for both the seller and the buyer, or in some situations just the buyer, after an ownership transfer. In order to ensure that the transfer of ownership of the car goes well, you must comply with this law and take the essential actions without fail.
When selling a car, never forget to transfer ownership and insurance, this is not only required by law but also favorable to you if you are selling the buyer as well as the buyer.